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Whether you plan on doing contract work with a government organization or just want to separate your business credit from your personal credit, a DUNS number can help.What Is a DUNS Number?
A DUNS number (an abbreviation for Data Universal Numbering System) is a unique nine-digit identification number that verifies the existence of a business, globally. Think of it as a social security number for your business. The DUNS number is assigned by Dun & Bradstreet (D&B) for each physical location of a business, and is used by industries and organizations around the world as a global standard for business identification and tracking.Why Do I Need a DUNS Number?
You'll need a DUNS number for your business if you plan to:
Typically, business owners register for a DUNS number with Dun & Bradstreet following the legal formation of their company. D&B requires the following information about your company:
Typically, your DUNS number will arrive via mail 45 days after you register. However, you can purchase an expedited process and your number arrive within five business days.How Much Does a DUNS Number Cost?
The DUNS number is free. However, if you wish to receive your number faster than the standard 45 days, you can purchase an expedited process from D&B for $229.How Do I Obtain a DUNS Number?
There are few different ways to get a DUNS number. You can visit D&B's DUNSFile page or call 1-866-374-0441.
Want more information about the DUNS number? This video offers a clear explanation:
Since 1981, Harvard Business Services, Inc. has helped form 153,297 Delaware corporations and LLCs for people all over the world.
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